Additional Measures for Economic Development Defined

14 Mar 2022

On March 14, President Shavkat Mirziyoyev chaired a video conferencing on sustainable economic development and transformation of state enterprises.

As it is well-known, the state enterprises are being transformed in order to develop a market economy and competitive environment in our country. The issues of accelerating the transformation processes and privatization of state assets were discussed at the meeting.

In particular, the slow pace of improvement of operational efficiency at 25 state enterprises was noted. The need to completely eliminate the practice of state support for enterprises that do not meet modern requirements and operate at a loss was emphasized.

The state of affairs in the field of transportation was also reviewed. The measures to increase the flow of transit passengers, simplify the system of issuing permits for charter flights and turn the local airports into regional transit hubs were identified.

The need to introduce modern approaches to work in an environment of free competition and prevent the growth of airfare was pointed out to the national airline «Uzbekistan Airways».

During the meeting, the expected economic outcomes for the first quarter of the current year were discussed. A particular attention is paid to the establishment of new enterprises and the creation of new jobs, increasing the income of people and providing them with social support.

Khokims (governor) and leaders of the industries were instructed not to allow for the promotion of economically unjustified projects. The task was set to strengthen control over the implementation of socio-economic programs and study the compliance of investment projects with the criteria of a market economy.

During the discussion of the export issues, it was instructed to promptly resolve transport and logistics issues taking into account the current situation in the foreign markets, expand the geography of exports and supply products to new markets.

Khokims of the regions reported on the implementation of tasks to ensure food security and price stability in the markets.

The issues of socio-economic development of the Ferghana and Surkhandarya regions were also discussed. The reports of the khokims of these regions were heard on the measures taken to expand the industrial production, establish the new export routes and provide employment for the population.

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